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UID:Indybay-18855101
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CREATED:20230323T231000Z
DESCRIPTION:Jail Former  SF Federal Reserve Member &  Silicon Valley  Bank  President & 
 CEO  Greg Becker For Insider Trading! \n\nMonday 3/27/23 Press Conference 
 \nMonday March 27, 2023 4:00 PM\nSan Francisco Federal Reserve Bank\n101 
 California\nSan Francisco, CA\n\nJail Silicon Valley Bank President & CEO 
 Greg Becker For Insider Trading \nGet The Banksters Out Of Control Of Our 
 Banks NOW!\nFederal Reserve Directors Protecting The Crooks: Nationalize 
 The Banks Under Workers Control\n\nThe collapse of the Silicon Valley Bank 
 was an inside job. Rightwing billionaire Peter Thiel and other insiders 
 pulled over $42 billion from the bank one day before it was taken over by 
 the FDIC.\nThe same insiders have been pushing for deregulation of regional 
 banks and they were the first\nto grab their billions from the bank leaving 
 the FDIC holding the bag.\nBecker himself and his fellow cronies in the 
 bank in fact sold $84 million in stock while he was on the San Francisco 
 Federal Reserve as a board member. So much for oversight when you have 
 crooked bankers in charge of the banks. Bank runs are exactly what you 
 get.\nFormer SVB President and CEO Greg Becker sold over $3.5 million of 
 his company stock holdings on Feb. 27 and $30 million of stock over the 
 past two years as well as other SVB execs who sold $84 million.\nGovernor 
 Gavin Newsom was also illegally lobbying the Biden administration to save 
 all the depositors even though it is illegal for a government official to 
 lobby the Federal government when they have stock or funds in a company 
 they would benefit from. Newsom has wineries that had funds in the 
 SVB.\nLike the 2008 banking crisis,  these bankers and billionaires like 
 Thiell will get away with insider trading because he like the rest of the 
 billionaires run both the Democrats and Republican parties.\nSpeakers will 
 discuss why we need systemic change in our economic structure to benefit 
 working people and the poor and a party for working people.\nThe threat of 
 a complete financial collapse is growing and working people need a system 
 that will protect our society.\n\nSponsored by\nUnited Front Committee For 
 A Labor Party\nwww.ufclp\ninfo@ifclp.org\n\n\n 
 https://www.indybay.org/newsitems/2023/03/23/18855101.php
SUMMARY:Jail Former SF Federal Reserve Member & Silicon Valley Bank President/CEO Greg Becker
LOCATION:San Francisco Federal Reserve\n101 California St.\nSan Francisco
URL:https://www.indybay.org/newsitems/2023/03/23/18855101.php
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